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In accepting the relevance of development processes, this paper proposes a global development formula embracing four main pillars and their respective components: (i) global governance; (ii) global wealth; (iii) global resources; and (vi) global sustainability. Ultimately, this global development perspective presents a more comprehensive and holistic lens than current development visions to demonstrate the development status of territories at all territorial scales. By using existing indexes associated with the proposed main pillars of development, the research presents a novel global development index for 2020.<\/jats:p>","DOI":"10.3390\/su13095262","type":"journal-article","created":{"date-parts":[[2021,5,10]],"date-time":"2021-05-10T02:54:58Z","timestamp":1620615298000},"page":"5262","update-policy":"https:\/\/doi.org\/10.3390\/mdpi_crossmark_policy","source":"Crossref","is-referenced-by-count":5,"title":["The Global Development Formula"],"prefix":"10.3390","volume":"13","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-8877-5606","authenticated-orcid":false,"given":"Eduardo","family":"Medeiros","sequence":"first","affiliation":[{"name":"Instituto Universit\u00e1rio de Lisboa (ISCTE-IUL), DIN\u00c2MIA\u2019CET\u2014IUL, 1649-026 Lisboa, Portugal"},{"name":"Avenida das For\u00e7as Armadas, Edif\u00edcio Sedas Nunes, Sala 2W4-d, 1649-026 Lisboa, Portugal"}]}],"member":"1968","published-online":{"date-parts":[[2021,5,8]]},"reference":[{"key":"ref_1","unstructured":"Ohmae, K. 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